Tanalys

EUR/GBP Intraday: bullish bias above 0.7235.

Pivot: 0.7235

Our preference: long positions above 0.7235 with targets @ 0.7265 0.728 in extension.

Alternative scenario: below 0.7235 look for further downside with 0.7205 0.718 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.73 ***

0.728 **

0.7265 ***

0.725 Last

0.7235 ***

0.7205 ***

0.718 ***

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